The benchmark index turned bullish towards the end of the previous session and one may expect the Nifty to continue in its up move as long as it holds above 8190. However in case of weakness the support is at 8159 and 8139. The resistance on the other hand is at 8271 and 8328.
The day traders and short term traders may trade accordingly.
The mid term investors may consider adding Goldman Sachs Bank ETF at 1783 amd 1769 in small quantities.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
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